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Qatar Airways incurred 'small loss'
- Qatar: Wednesday, September 19 - 2012 at 09:24
Qatar Airways has said it has made a small net loss in the last financial year which ended in March, due to high oil prices, Reuters has reported. "Profit on an EBITDA (earnings before interest, taxes, depreciation and amortisation) level was 47% above the previous year, but on a net level we made a small loss. For the 2010-2011 financial year, we made a substantial profit," Qatar Airways' CEO, Akbar Al-Baker, said.
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